Savings Accounts for Every Stage of Life
The foundation of your membership starts with a Prime Share Account. This account pays dividends and you maintain a minimum balance of $5.00.
A savings account for any need, such as saving for a down payment, college, or an account to escrow insurance premiums or personal property taxes.
Taking a vacation is usually high on most people’s priority list, while actually saving the necessary funds can be a challenge.
We offer Estate Account options for those who are called upon to settle an estate for a Carolinas Telco Federal Credit Union member.
IRAs are available as Traditional or Roth Accounts, and are offered through IRA Certificates or IRA Savings.
If you have a high deductible health insurance plan, you can save money for qualified healthcare expenses and possibly save on your taxes, too.
A Coverdell Education Savings Account (ESA) is an account created as an incentive to help parents and students save for education expenses.
Not yet a member? If you work in the telecommunications industry, or a family member, you are eligible.
APY = Annual Percentage Yield. The rates appearing here are accurate as of the effective date: October 14, 2021. If you have any questions or wish to request a Rate and Fee Sheet with terms and additional information, please call the Credit Union at 1-704-391-5600 or 1-800-622-5305. Rates are subject to change without notice. Fees may reduce the earnings on some accounts. All services, such as loans, credit cards and checking accounts, are subject to approval.
** Reward Rates - 1.51% APY (Annual Percentage Yield) is paid on balances between $0.00 to $15,000.00 and 0.10% APY is paid on all amounts of $15,000.01 and above, each cycle that the minimum qualifications are met. Up to $25.00 in ATM Fees will be refunded each cycle that qualifications are met. If you do not meet the qualifications per cycle, your account will still function as a basic checking account earning Base Rate 0.10% APY; however, it will not receive ATM fee refunds for that time period. We may change the interest rate and APY at any time after the account is opened. The qualification cycle begins on the first day of the month and ending on the last day of the month. Only one Rewards Checking Account may be opened per member, and any additional checking accounts will be opened as a Basic Checking Account.
